Chemring Group plc’s (CHG) Buy Rating Reaffirmed at Liberum Capital
Chemring Group plc (LON:CHG)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a note issued to investors on Monday. They presently have a GBX 210 ($2.73) price target on the stock. Liberum Capital’s price objective points to a potential upside of 14.75% from the company’s current price.
Several other research analysts have also recently weighed in on CHG. Canaccord Genuity upgraded shares of Chemring Group plc to a “buy” rating and boosted their price target for the stock from GBX 160 ($2.08) to GBX 210 ($2.73) in a report on Monday, January 30th. JPMorgan Chase & Co. boosted their price target on shares of Chemring Group plc from GBX 170 ($2.21) to GBX 185 ($2.41) and gave the stock a “neutral” rating in a report on Monday, March 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. Chemring Group plc currently has an average rating of “Hold” and a consensus target price of GBX 182 ($2.37).
Chemring Group plc (LON:CHG) traded up 0.55% on Monday, reaching GBX 183.00. 93,202 shares of the company’s stock traded hands. Chemring Group plc has a 52-week low of GBX 90.25 and a 52-week high of GBX 208.00. The company’s 50 day moving average is GBX 190.11 and its 200-day moving average is GBX 181.66.
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About Chemring Group plc
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